West Newbury MA Single Family Home Sales Summary For 2nd Quarter 2013

There was a large increase in price for single family homes sold in West Newbury during the second quarter of 2013. The West Newbury MA single family home sales summary for 2nd quarter 2013 in this blog detail information on average prices, listing volume, and days on market for the last few years. Average selling price offers useful details about the condition of the real estate market, particularly when viewed in relation to past time frames. The sales volume reflects market activity. Lastly, the average days on market demonstrates buyer demand. When viewed together, these three statistics may help you determine if it is the optimal time to purchase or sell a property, how long that may take, and the price you are likely to pay for a home.

Single Family Real Estate Prices for West Newbury MA

2nd Quarter Average Sale Price

The average sales price in West Newbury MA for the 2nd quarter increased 25.23% from $452,769 to $566,995. Prior to that, it decreased -2.2% from $462,945 to $452,769. That after a 6.69% change. These figures present no consistent pattern during the past few years.

2008 $573,714
2009 $505,643
2010 $433,922
2011 $462,945
2012 $452,769
2013 $566,995

2nd Quarter Number Of Properties Sold

The Number of properties sold in West Newbury MA for the 2nd quarter increased 46.15% from 13 to 19. In the time frame previous to that, it increased 18.18% from 11 to 13. Prior to that was a -15.38% change. These figures present no consistent direction across the last few years.

2008 14
2009 7
2010 13
2011 11
2012 13
2013 19

2nd Quarter Average Listing Time Frame

The Average listing time frame in West Newbury MA for the 2nd quarter increased 26.67% from 105 to 133. During the prior period, it decreased -35.98% from 164 to 105. Before that there was a 11.56% change. These figures exhibit no consistent pattern during the past few years.

2008 245
2009 144
2010 147
2011 164
2012 105
2013 133

West Newbury MA Single Family Home Sales Summary For 2nd Quarter 2013

For additional West Newbury MA single family home sales summary for 2nd quarter 2013 or details for nearby areas, please contact John Wells, REALTOR at Wellsco Realty by calling 978-518-1481 or emailing teamjohn@johnpwells.com. Note: These figures were extracted from third party sources including public records and the Massachusetts MLS Property Information Network, Inc. It is meant to offer a general overview of the market, are not guaranteed accurate, and may not necessarily include every single family transferred in West Newbury.

About Editor-John P. Wells

I am a resident of Newburyport and have worked in education, high tech and urban development. My interests in architecture and construction are invaluable to my clients. For more information please visit the Wellsco website.